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371 mineral claims are located near Spor Mountain in Juab County, Utah. The 371 claims, constituting approximately 7,630 acres, are strategically located in an area of known beryllium mineralization described in US Geological Survey Professional Paper 415.
Studies conducted by the U.S. Geological Survey and by the U.S. Bureau of Mines in the 1960s confirmed the extent and grades of the beryllium deposits in this area and their chemical, mineralogical, and physical properties. Current production rates at Spor Mountain of approximately 48,000 tons of bertrandite ore annually grading 0.35% beryllium constitute nearly 60% of world production.
The beryllium deposits discovered at Spor Mountain in December, 1959, have been the major source of this metal in the western world for more than 40 years. The beryllium mineralization at this location occurs in tabular deposits situated along major faults and fractures in an altered water-laid rhyolitic tuff within a valley that was once part of paleo-Lake Bonneville. The IBC claims are located on extensions of the geologic structures initially described by USGS geologists and that are presently being mined. This sparsely populated area of Juab County has good road access and electrical power availability for industrial development. IBC has been advised in a January, 2008 letter that Juab County is actively seeking economic development of mining and processing facilities.
Spor Mountain is adjacent to the world's biggest beryllium mine operated by Brush Wellman.
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